A 29-member National Logistic Development and Coordination Committee has been formed for the overall development of the logistics sector to achieve the national growth targets, increase capacity in trade and investment and ensure efficient transportation of goods and services.
Prime Minister's Principal Secretary has been made president of the committee. A gazette notification was issued on January 25 in this regard, saying that it would come into effect immediately, said a press release Saturday.
Director General of the Executive Cell of Prime Minister's Office has been made the member secretary of the committee, which could co-opt new members if needs; and invite representatives of local and development aid organizations to its meetings.
According to the release, the committee will formulate the national logistic development policy, provide legal support to attract investment in the logistics sector and simplify the existing policy frameworks.
It will also provide overall guidance in formulating logistics sub-sector based policies and development strategies.
The committee will monitor, review and evaluate the overall progress of the implementation of the logistics development strategy.